Rules for providing health care to retirees through PEMHCA. It includes the Equal and Unequal Methods, the Vesting schedule (State or 90/100 Vesting), and use of a Cafeteria Plan
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The CalPERS Board of Administration set the PEMHCA administration fee, as a percentage of total premiums, to 0.34%
At its June 2014 meeting, the CalPERS Board approved the 2015 PEMHCA 100/90 State Annuitant Rates
CalPERS Pension and Health Benefits Committee approved proposed 2015 healthcare premiums
New accounting standards requiring recognition of unfunded OPEB and pension liabilities released as Exposure Drafts.
GASB 45 Liabilities for retiree medical benefits from large community-rated plans like CalPERS to increase 3/31/2015 per new actuarial standards.
New accounting standards requiring recognition of unfunded OPEB liabilities will be released as Exposure Drafts in June 2014.
A session on "Pension and Health Care - Building a New Bridge to Retirement" will be presented by John Bartel, Mary Beth Redding and Deanna Van Valer on Thursday May 1st at the Western Region IPMA-HR conference in San Francisco.
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